Professor Rowaldo del Mundo of the University of the Philippines said that the high electricity prices in the country can be reduced by up to 20% by ensuring the security of supply.
In a public lecture held last April 16, 2015, Prof. del Mundo explained that the reduction of power rates can be achieved by aggregating the power demand of electric cooperatives and letting them go through a competitive and transparent process of procuring power supply contracts.
Read more on this at: http://cids.up.edu.ph/professor-says-high-power-rates-can-reduced/.
Prof. del Mundo’s lecture can be downloaded here: http://cids.up.edu.ph/lecture-2015/

Prof. Del Mundo talks about how power rates in the Philippines can be reduced. Credits to Diane Ruth Riñon Arcega.